If a CEO is waiting until his or her retirement to recommend merging their league with another league, then that CEO is self-serving and not putting their member credit unions first. (CU Times Jan. 14 article Leagues Open to Mergers)

Claudia A. Rawes, manager/CEO of the $12 million Centra Health Credit Union, and two other employees were placed on administrative leave following a state and federal examination, according to a prepared statement on the credit union's website.

The NCUA Board approved a revised risk-based capital rule at the agency's Jan. 15 board meeting, which reduced the number of credit unions subject to the new capital requirements and lowered the well-capitalized standard by 0.5%.

Credit Union Times Daily News

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